Welcome to your dream beachfront retreat in the heart of Holmes Beach, where LOCATION IS EVERYTHING! This exceptional 2B/2B ISLAND PARADISE condo offers WEEKLY RENTALS and is just steps away from the pristine sandy beaches of the Gulf of Mexico. This newly renovated unit is a true gem, with a unique design is offered TURN-KEY furnished and creates a welcoming and stylish ambiance. From the moment you step inside, you'll be captivated by the awe-inspiring panoramic views of the Gulf of Mexico, providing a daily dose of breathtaking sunsets and a constant connection to the beauty of the sea. The open floor plan seamlessly connects the living area to the kitchen, creating an ideal space for hosting and entertaining guests. Island Paradise offers a luxurious and comfortable living space, but it's Holmes Beach central location adds to its appeal. The beach, charming shops, and delightful restaurants are all within a short walk or hop on the free island trolley. Key features of this beachfront oasis include the Hurricane impact windows, replacement of the A/C in 2020, a new roof installed in 2023, a remodel IN 2023 and a deeded one car covered parking space. With the flexibility of weekly rentals allowed, this condo provides an excellent opportunity for those looking for an investment property or a part-time residence. Don't miss the chance to make this beachfront condo your own and experience the epitome of coastal living. Embrace the sun, sea, and sand – your dream home awaits! BONUS: OWNERS ARE ALLOWED PETS (LARGE DOG or cat) AND FULLY FUNDED RESERVES and 100% Flood coverage of the building.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,395,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,916,000 | $1,916,000 | $1,916,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.002% | 6.956% |
Monthly Tax Payment | $1,308 | $1,308 | $1,308 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,908 | $12,587 | $16,955 |
Total Monthly Payment | $14,341 | $14,020 | $18,388 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.